I solved analitically the steady state (value are very very low I dont understand why, I found the calibration parameters on the literature) with the new values, here is the problem.
You did not declare endogenous variables after the estimation/calib_smoother command.
Loading 203 observations from data3.xlsx
An infinite element was encountered when trying to solve equation(s) 11
with respect to the variable(s): gF.
The values of the endogenous variables when the problem was encountered were:
yF 0.05
cF 0.01
xF 0.01
kF 0.08
lF 0.07
zF 1
tlF 1.5
txF 1
gF 0.2044
pF 1
O 0.001
Error using lnsrch1 (line 71)
Some element of Newton direction isn’t finite. Jacobian maybe singular or there is a
problem with initial values
Error in solve1 (line 107)
[x,f,fvec,check]=lnsrch1(xold,fold,g,p,stpmax,func,j1,j2,varargin{:});
Error in dynare_solve (line 150)
[x,info]=solve1(func,x,j1(r(i):r(i+1)-1),j2(r(i):r(i+1)-1),jacobian_flag, …
Error in evaluate_steady_state (line 66)
[ys,check] = dynare_solve([M.fname ‘_static’],…
Error in dynare_estimation_init (line 496)
[oo_.steady_state, params] =
evaluate_steady_state(oo_.steady_state,M,options_,oo_,steadystate_check_flag);
Error in dynare_estimation_1 (line 81)
[dataset_,xparam1, hh, M_, options_, oo_, estim_params_,bayestopt_] =
dynare_estimation_init(var_list_, dname, ], M_, options_, oo_, estim_params_,
bayestopt_);
Error in dynare_estimation (line 84)
dynare_estimation_1(var_list,dname);
Error in dynar (line 470)
dynare_estimation(var_list_);
Error in dynare (line 174)
evalin(‘base’,fname) ;